Freeman

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Unemployment Benefits: The Government Gets What It Pays For

Have the perverse incentives been proved?

FEBRUARY 25, 2015 by ROBERT P. MURPHY

The surprisingly robust growth in the US economy in 2014 may have been due to the late 2013 decision by Congress to cease extensions of unemployment benefits. When the federal government stopped sending checks to people who remained unemployed, more of them found work.

What a Principled Social Movement Looks Like

“Libertarian was their counter-culture; it contained multitudes”

FEBRUARY 24, 2015 by JEFFREY A. TUCKER

The new libertarianism is neither left nor right but its own thing: a maturation of the classical-liberal conviction that society can be built without dependency on the state.

Regulate the Dating Market

A modest proposal for romantic justice

FEBRUARY 23, 2015 by JULIAN ADORNEY

Our love lives require government oversight to ensure safety and fairness.

Bitcoin Technology: A Festival of the Commons

Open-source currencies create new property paradigms

FEBRUARY 18, 2015 by ANDREAS ANTONOPOULOS

The sharing economy creates conditions where increased participation adds to the underlying good's value and benefits all participants.

The Force That Liberated Women

The innovations and opportunities of modern markets freed women more than men

FEBRUARY 17, 2015 by STEPHEN DAVIES

Capitalism liberated women from the reality of living in a world of little innovation, slow or nonexistent growth, and chronic material deprivation.

Freedom's Presidents

Thinkers and scholars weigh in on Presidents’ Day

FEBRUARY 16, 2015 by THE FREEMAN

For Presidents' Day, Jeffrey Rogers Hummel, Ivan Eland, Lawrence W. Reed, Burton Folsom, Amity Shlaes, and Paul Kengor share their thoughts on the better presidents.

Do We Need the State to License Professionals?

Voluntary mechanisms tell the public which professionals are qualified

FEBRUARY 11, 2015 by ROBERT P. MURPHY

There are better and cheaper ways to achieve safety and efficacy than building state licensing regimes.

The Eugenics Plot Behind the Minimum Wage

There really was a white male scheme to exterminate African Americans

FEBRUARY 10, 2015 by JEFFREY A. TUCKER

The minimum wage has a dark, racist history. And the great irony is that its malicious intent is unwittingly being realized today.

Down and Out in the Middle-Class Economy

The truth about growth, recovery, and unemployment

FEBRUARY 09, 2015 by D.W. MACKENZIE

The president's claims notwithstanding, we are living in the worst period in the 50 years of our federally managed economy.

5 Reasons Progressives Should Support Economic Freedom

Freer economies are wealthier, healthier, and more liberating

FEBRUARY 04, 2015 by MATT PALUMBO

The overall effect of capitalism is not exploitation but liberation.

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CURRENT ISSUE

December 2014

Unfortunately, educating people about phenomena that are counterintuitive, not-so-easy to remember, and suggest our individual lack of human control (for starters) can seem like an uphill battle in the war of ideas. So we sally forth into a kind of wilderness, an economic fairyland. We are myth busters in a world where people crave myths more than reality. Why do they so readily embrace untruth? Primarily because the immediate costs of doing so are so low and the psychic benefits are so high.
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Essential Works from FEE

Economics in One Lesson (full text)

By HENRY HAZLITT

The full text of Hazlitt's famed primer on economic principles: read this first!


By FREDERIC BASTIAT

Frederic Bastiat's timeless defense of liberty for all. Once read and understood, nothing ever looks the same.


By F. A. HAYEK

There can be little doubt that man owes some of his greatest suc­cesses in the past to the fact that he has not been able to control so­cial life.


By JEFFREY A. TUCKER

Leonard Read took the lessons of entrepreneurship with him when he started his ideological venture.


By LEONARD E. READ

No one knows how to make a pencil: Leonard Read's classic (Audio, HTML, and PDF)